(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: Value Dip amidst Market Volatility
As of August 7, 2024, 2:00 PM UTC, Dogecoin (DOGE) trades at $0.099003203576107, reflecting a 0.80178324% decline in value over the past 24 hours. This price movement is consistent with the broader market volatility observed in the cryptocurrency landscape.
Trading Volume and Supply
The 24-hour trading volume for DOGE amounts to $1,014,569,141.7304, indicating significant trading activity in the market. The total supply and maximum supply of DOGE remain constant at 145,431,416,383.71, with a circulating supply of 145,431,416,383.71.
Market Capitalization
Dogecoin's market capitalization stands at $14,398,176,122.598, indicating its substantial presence within the cryptocurrency market. However, it's worth noting that the broader cryptocurrency market is currently experiencing fluctuations, which may impact DOGE's value going forward.
Conclusion
Dogecoin's recent price decline is symptomatic of the overall market volatility, underscoring the dynamic nature of the cryptocurrency market. Traders and investors are advised to monitor market movements and consult trusted sources for the latest information before making investment decisions.